ESSENTIAL PARTNERS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ESSENTIAL PARTNERS
Largest movements
- Receivables after one year +€585,604
up €585,604 (+204.0%), from €287,082 to €872,686
- Cash -€28,893
down €28,893 (-93.2%), from €31,009 to €2,115
mainly Receivables after one year (-€585,604) and Net result for the year (-€6,226)
- Short-term financial debts +€500,000
up €500,000 (+166.7%), from €300,000 to €800,000
- Other debts +€65,665
up €65,665 (+1412.7%), from €4,648 to €70,313
- Financial charges +€21,638
up €21,638 (+24042.7%), from €90 to €21,728
- Financial income +€10,409
up €10,409 (+130.8%), from €7,956 to €18,366
- Gross operating margin -€2,020
down €2,020 (-626.3%), from -€323 to -€2,342
- Taxes -€1,386
down €1,386 (-100.0%), from €1,386 to €0
- Depreciation -€280
down €280 (-39.8%), from €705 to €424
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,515 | €878,925 | +€560,410 | +175.9% |
| Fixed assets | 21/28 | €424 | €0 | -€424 | -100.0% |
| Tangible fixed assets | 22/27 | €424 | €0 | -€424 | -100.0% |
| Furniture and vehicles | 24 | €424 | €0 | -€424 | -100.0% |
| Current assets | 29/58 | €318,090 | €878,925 | +€560,835 | +176.3% |
| Amounts receivable after more than one year | 29 | €287,082 | €872,686 | +€585,604 | +204.0% |
| Other amounts receivable | 291 | €287,082 | €872,686 | +€585,604 | +204.0% |
| Amounts receivable within one year | 40/41 | €0 | €4,124 | +€4,124 | +2577618.8% |
| Trade receivables | 40 | - | €2,924 | +€2,924 | |
| Other amounts receivable | 41 | €0 | €1,200 | +€1,200 | +749831.3% |
| Cash at bank and in hand | 54/58 | €31,009 | €2,115 | -€28,893 | -93.2% |
| Total equity and liabilities | 10/49 | €318,515 | €878,925 | +€560,410 | +175.9% |
| Equity | 10/15 | €12,393 | €6,168 | -€6,226 | -50.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,393 | €1,168 | -€6,226 | -84.2% |
| Amounts payable | 17/49 | €306,121 | €872,757 | +€566,636 | +185.1% |
| Amounts payable within one year | 42/48 | €306,121 | €871,457 | +€565,336 | +184.7% |
| Financial debts | 43 | €300,000 | €800,000 | +€500,000 | +166.7% |
| Other loans | 439 | €300,000 | €800,000 | +€500,000 | +166.7% |
| Trade debts | 44 | €52 | €368 | +€316 | +609.9% |
| Suppliers | 440/4 | €52 | €368 | +€316 | +609.9% |
| Taxes, remuneration and social security | 45 | €1,422 | €777 | -€645 | -45.4% |
| Taxes | 450/3 | €1,422 | €777 | -€645 | -45.4% |
| Other amounts payable | 47/48 | €4,648 | €70,313 | +€65,665 | +1412.7% |
| Accrued charges and deferred income | 492/3 | - | €1,300 | +€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €705 | €424 | -€280 | -39.8% |
| Other operating charges | 640/8 | €346 | €96 | -€250 | -72.3% |
| Gross operating margin | 9900 | -€323 | -€2,342 | -€2,020 | -626.3% |
| Operating profit (loss) | 9901 | -€1,374 | -€2,863 | -€1,489 | -108.4% |
| Financial income | 75/76B | €7,956 | €18,366 | +€10,409 | +130.8% |
| Recurring financial income | 75 | €7,956 | €18,366 | +€10,409 | +130.8% |
| Financial charges | 65/66B | €90 | €21,728 | +€21,638 | +24042.7% |
| Recurring financial charges | 65 | €90 | €21,728 | +€21,638 | +24042.7% |
| Profit (loss) for the period before taxes | 9903 | €6,493 | -€6,226 | -€12,718 | |
| Income taxes | 67/77 | €1,386 | €0 | -€1,386 | -100.0% |
| Profit (loss) for the period | 9904 | €5,107 | -€6,226 | -€11,332 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,107 | -€6,226 | -€11,332 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.